Announcement • Jun 26
Asax Co., Ltd. to Report Q1, 2027 Results on Aug 06, 2026 Asax Co., Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026 Reported Earnings • May 15
Full year 2026 earnings released: EPS: JP¥120 (vs JP¥103 in FY 2025) Full year 2026 results: EPS: JP¥120 (up from JP¥103 in FY 2025). Revenue: JP¥8.78b (up 17% from FY 2025). Net income: JP¥3.95b (up 17% from FY 2025). Profit margin: 45% (in line with FY 2025). Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year. Announcement • May 13
Asax Co., Ltd., Annual General Meeting, Jun 24, 2026 Asax Co., Ltd., Annual General Meeting, Jun 24, 2026. Announcement • May 10
Asax Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 Asax Co., Ltd. announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.3%). Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥34.36 (vs JP¥39.00 in 3Q 2025) Third quarter 2026 results: EPS: JP¥34.36 (down from JP¥39.00 in 3Q 2025). Revenue: JP¥2.26b (up 12% from 3Q 2025). Net income: JP¥1.13b (down 12% from 3Q 2025). Profit margin: 50% (down from 64% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 14% per year. Announcement • Dec 26
Asax Co., Ltd. to Report Q3, 2026 Results on Feb 05, 2026 Asax Co., Ltd. announced that they will report Q3, 2026 results on Feb 05, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: JP¥32.05 (vs JP¥14.95 in 2Q 2025) Second quarter 2026 results: EPS: JP¥32.05 (up from JP¥14.95 in 2Q 2025). Revenue: JP¥2.20b (up 18% from 2Q 2025). Net income: JP¥1.06b (up 114% from 2Q 2025). Profit margin: 48% (up from 26% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 13% per year. Announcement • Sep 25
Asax Co., Ltd. to Report Q2, 2026 Results on Nov 10, 2025 Asax Co., Ltd. announced that they will report Q2, 2026 results on Nov 10, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥22.62 (vs JP¥25.96 in 1Q 2025) First quarter 2026 results: EPS: JP¥22.62 (down from JP¥25.96 in 1Q 2025). Revenue: JP¥2.03b (up 17% from 1Q 2025). Net income: JP¥746.0m (down 13% from 1Q 2025). Profit margin: 37% (down from 49% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Jun 29
Full year 2025 earnings released: EPS: JP¥103 (vs JP¥99.74 in FY 2024) Full year 2025 results: EPS: JP¥103 (up from JP¥99.74 in FY 2024). Revenue: JP¥7.52b (up 11% from FY 2024). Net income: JP¥3.39b (up 2.9% from FY 2024). Profit margin: 45% (down from 49% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jun 26
Asax Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Asax Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 02
Full year 2025 earnings released: EPS: JP¥103 (vs JP¥99.74 in FY 2024) Full year 2025 results: EPS: JP¥103 (up from JP¥99.74 in FY 2024). Revenue: JP¥7.52b (up 11% from FY 2024). Net income: JP¥3.39b (up 2.9% from FY 2024). Profit margin: 45% (down from 49% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year. Announcement • May 01
Asax Co., Ltd., Annual General Meeting, Jun 25, 2025 Asax Co., Ltd., Annual General Meeting, Jun 25, 2025. Announcement • Mar 26
Asax Co., Ltd. to Report Fiscal Year 2025 Results on May 01, 2025 Asax Co., Ltd. announced that they will report fiscal year 2025 results on May 01, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.2%). Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: JP¥39.00 (vs JP¥16.13 in 3Q 2024) Third quarter 2025 results: EPS: JP¥39.00 (up from JP¥16.13 in 3Q 2024). Revenue: JP¥2.01b (up 17% from 3Q 2024). Net income: JP¥1.29b (up 142% from 3Q 2024). Profit margin: 64% (up from 31% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Jan 03
Asax Co., Ltd. to Report Q3, 2025 Results on Feb 04, 2025 Asax Co., Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025 Announcement • Sep 26
Asax Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024 Asax Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: JP¥25.96 (vs JP¥24.20 in 1Q 2024) First quarter 2025 results: EPS: JP¥25.96 (up from JP¥24.20 in 1Q 2024). Revenue: JP¥1.74b (up 6.4% from 1Q 2024). Net income: JP¥856.0m (up 7.3% from 1Q 2024). Profit margin: 49% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥648, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 11x in the Diversified Financial industry in Japan. Total returns to shareholders of 2.1% over the past three years. Announcement • Jun 27
Asax Co., Ltd. to Report Q1, 2025 Results on Aug 05, 2024 Asax Co., Ltd. announced that they will report Q1, 2025 results on Aug 05, 2024 Reported Earnings • May 04
Full year 2024 earnings released: EPS: JP¥99.74 (vs JP¥84.88 in FY 2023) Full year 2024 results: EPS: JP¥99.74 (up from JP¥84.88 in FY 2023). Revenue: JP¥6.75b (up 9.3% from FY 2023). Net income: JP¥3.29b (up 18% from FY 2023). Profit margin: 49% (up from 45% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year. Announcement • Mar 27
Asax Co., Ltd. to Report Fiscal Year 2024 Results on May 01, 2024 Asax Co., Ltd. announced that they will report fiscal year 2024 results on May 01, 2024 Upcoming Dividend • Mar 21
Inaugural dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. This is the first dividend for Asax since going public. The average dividend yield among industry peers is 2.9%. Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥16.13 (vs JP¥20.14 in 3Q 2023) Third quarter 2024 results: EPS: JP¥16.13 (down from JP¥20.14 in 3Q 2023). Revenue: JP¥1.72b (up 14% from 3Q 2023). Net income: JP¥532.0m (down 20% from 3Q 2023). Profit margin: 31% (down from 44% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat. Announcement • Dec 27
Asax Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Asax Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥25.38 (vs JP¥23.68 in 2Q 2023) Second quarter 2024 results: EPS: JP¥25.38 (up from JP¥23.68 in 2Q 2023). Revenue: JP¥1.64b (flat on 2Q 2023). Net income: JP¥837.0m (up 7.2% from 2Q 2023). Profit margin: 51% (up from 48% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Sep 24
Asax Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023 Asax Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥24.20 (vs JP¥20.32 in 1Q 2023) First quarter 2024 results: EPS: JP¥24.20 (up from JP¥20.32 in 1Q 2023). Revenue: JP¥1.63b (up 9.9% from 1Q 2023). Net income: JP¥798.0m (up 19% from 1Q 2023). Profit margin: 49% (up from 45% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year. Announcement • Jun 28
Asax Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023 Asax Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • Apr 29
Full year 2023 earnings released: EPS: JP¥84.88 (vs JP¥77.00 in FY 2022) Full year 2023 results: EPS: JP¥84.88 (up from JP¥77.00 in FY 2022). Revenue: JP¥6.18b (up 9.4% from FY 2022). Net income: JP¥2.80b (up 10% from FY 2022). Profit margin: 45% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. The company last paid an ordinary dividend in April 2012. The average dividend yield among industry peers is 3.2%. Reported Earnings • Jan 27
Third quarter 2023 earnings released: EPS: JP¥20.14 (vs JP¥18.65 in 3Q 2022) Third quarter 2023 results: EPS: JP¥20.14 (up from JP¥18.65 in 3Q 2022). Revenue: JP¥1.51b (up 6.3% from 3Q 2022). Net income: JP¥664.0m (up 8.0% from 3Q 2022). Profit margin: 44% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year. Announcement • Dec 24
Asax Co., Ltd. to Report Q3, 2023 Results on Jan 26, 2023 Asax Co., Ltd. announced that they will report Q3, 2023 results on Jan 26, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. No independent directors (7 non-independent directors). Overall Manager of Sales Department and Director Shuhei Ikejiri was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 27
Second quarter 2023 earnings released: EPS: JP¥23.68 (vs JP¥20.32 in 2Q 2022) Second quarter 2023 results: EPS: JP¥23.68 (up from JP¥20.32 in 2Q 2022). Revenue: JP¥1.63b (up 13% from 2Q 2022). Net income: JP¥781.0m (up 17% from 2Q 2022). Profit margin: 48% (up from 47% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year. Announcement • Sep 23
Asax Co., Ltd. to Report Q2, 2023 Results on Oct 26, 2022 Asax Co., Ltd. announced that they will report Q2, 2023 results on Oct 26, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥20.32 (vs JP¥17.68 in 1Q 2022) First quarter 2023 results: EPS: JP¥20.32 (up from JP¥17.68 in 1Q 2022). Revenue: JP¥1.48b (up 11% from 1Q 2022). Net income: JP¥670.0m (up 15% from 1Q 2022). Profit margin: 45% (up from 44% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • Apr 30
Full year 2022 earnings released: EPS: JP¥77.00 (vs JP¥81.30 in FY 2021) Full year 2022 results: EPS: JP¥77.00 (down from JP¥81.30 in FY 2021). Revenue: JP¥5.65b (down 4.4% from FY 2021). Net income: JP¥2.54b (down 5.3% from FY 2021). Profit margin: 45% (in line with FY 2021). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 4% per year. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. No independent directors (7 non-independent directors). Overall Manager of Sales Department and Director Shuhei Ikejiri was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
Asax Co., Ltd. to Report Fiscal Year 2022 Results on Apr 27, 2022 Asax Co., Ltd. announced that they will report fiscal year 2022 results on Apr 27, 2022 Upcoming Dividend • Mar 23
Inaugural dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. The company is not currently making a profit and is not cash flow positive. The company last paid an ordinary dividend in April 2011. The average dividend yield among industry peers is 1.2%. Reported Earnings • Jan 28
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥18.65 (down from JP¥22.23 in 3Q 2021). Revenue: JP¥1.42b (down 7.3% from 3Q 2021). Net income: JP¥615.0m (down 16% from 3Q 2021). Profit margin: 43% (down from 48% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Oct 27
Second quarter 2022 earnings released: EPS JP¥20.32 (vs JP¥19.32 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: JP¥1.44b (up 3.5% from 2Q 2021). Net income: JP¥670.0m (up 5.2% from 2Q 2021). Profit margin: 47% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Jul 29
First quarter 2022 earnings released: EPS JP¥17.68 (vs JP¥20.83 in 1Q 2021) The company reported a poor first quarter result with weaker earnings and revenues, although profit margins were flat. First quarter 2022 results: Revenue: JP¥1.33b (down 14% from 1Q 2021). Net income: JP¥583.0m (down 15% from 1Q 2021). Profit margin: 44% (in line with 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 28
Full year 2021 earnings released: EPS JP¥81.30 (vs JP¥79.48 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥5.91b (up 1.5% from FY 2020). Net income: JP¥2.68b (up 2.3% from FY 2020). Profit margin: 45% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Inaugural dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. The company last paid an ordinary dividend in April 2012. The average dividend yield among industry peers is 1.1%. Is New 90 Day High Low • Mar 09
New 90-day high: JP¥753 The company is up 7.0% from its price of JP¥704 on 09 December 2020. The Japanese market is also up 7.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Mortgage industry, which is up 10.0% over the same period. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS JP¥22.23 (vs JP¥20.59 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥1.53b (up 1.9% from 3Q 2020). Net income: JP¥733.0m (up 8.0% from 3Q 2020). Profit margin: 48% (up from 45% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Jan 28
Third quarter 2021 earnings released: EPS JP¥22.23 (vs JP¥20.59 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥1.53b (up 1.9% from 3Q 2020). Net income: JP¥733.0m (up 8.0% from 3Q 2020). Profit margin: 48% (up from 45% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Dec 29
Asax Co., Ltd. to Report Q3, 2021 Results on Jan 27, 2021 Asax Co., Ltd. announced that they will report Q3, 2021 results on Jan 27, 2021 Announcement • Oct 10
Asax Co., Ltd. to Report Q2, 2021 Results on Oct 28, 2020 Asax Co., Ltd. announced that they will report Q2, 2021 results on Oct 28, 2020